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EverWest Purchases SoCal Creative Office Project
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Denver-based EverWest Real Estate Partners consummated its first acquisition with a new JV partner, Chilean-based fund manager Frontal Trust. The pair purchased the 50,000-square-foot LINQ creative office project in Redondo Beach, CA from Montana Avenue Capital Partners for an undisclosed amount.
EverWest’s Erik Good says, “LINQ checks all of the boxes we were looking for in our inaugural joint venture investment with Frontal Trust. It is well located, was recently renovated with modern amenities and finishes, and has an attractive return profile. Being 80% leased by two premier credit tenants, it has room to realize additional upside by filling its remaining vacant space.”
Located at 2400 Marine Ave., LINQ is a multi-tenant, recently-repositioned property offering a single-story, bungalow-style design with private tenant entrances, glass roll-up doors, new lobby and bathrooms, and interiors featuring reclaimed wood and skylights.
JLL’s Steve Solomon and Kristen Bowman represented the seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


